The EU Commission authorises Spain to grant an interest-free reimbursable loan of €129 M to aircraft manufacturer for the development of a new engine (Aernnova)

State aid: main developments between 1 January and 30 April 2011* On 26 January, the Commission authorised Spain to grant an interest-free reimbursable loan of €129 million to Aernnova for the development of the next-generation horizontal tail plane (HTP) for the future Airbus A350

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Authors

  • European Commission - DG COMP (Brussels)
  • Permanent Representation of Sweden to the EU (Brussels)

Quotation

Alessandra Forzano, Erika Lofquist, The EU Commission authorises Spain to grant an interest-free reimbursable loan of €129 M to aircraft manufacturer for the development of a new engine (Aernnova), 26 January 2011, e-Competitions January 2011, Art. N° 48080

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